Articles About Finance And Refinancing

Mortgage Industry Job Site Launched is a Ray of Light in the Shadow of the Liquidity Crisis

Long Island, NY (PRWEB) January 23, 2008 -- The Mortgage Press Ltd., publisher of official publications for the state affiliates of the National Association of Mortgage Brokers, today announced the launch of a new job board that enables mortgage industry job seekers to find mortgage employment nationwide at FindMortgageJobs.com (http://www.findmortgagejobs.com). 60-day job postings are available for all mortgage professionals.

"According to the Bureau of Labor Statistics (BLS), the mortgage industry has lost 79,000 jobs since its peak in February of 2007," said Andrew T. Berman, executive vice president of The Mortgage Press Ltd. "These displaced mortgage professionals are looking for new and niche opportunities that are available for them. Everything from FHA underwriting jobs, to branch manager programs, to reverse mortgage originators and more will be available through this site."

This launch is a significant step in helping not only the 24,000-plus members of National Association of Mortgage Brokers, but all mortgage professionals and their support staff nationwide. One of the primary goals for FindMortgageJobs.com (http://www.findmortgagejobs.com) is to help find employment for thousands of former employees of bankrupt or significantly downsized mortgage wholesale lenders, such as Aegis Wholesale, American Home Mortgage, Aurora Loan Services (a division of Lehman Brothers), Decision One, Delta Funding Corporation, First Magnus, First NLC Financial Services, Fremont Investment & Loan, and New Century Mortgage among others.

"In response to the liquidity crisis that has caused many mortgage companies to retool their business, we have waived all fees on jobs postings, resume access, and the complete suite of tools available to employers at FindMortgageJobs.com (http://www.findmortgagejobs.com)," said Russell T. Sickmen, CEO of The Mortgage Press Ltd. "We are glad to be able to help find mortgage jobs for the displaced workers that have fallen victim to the recent liquidity crisis."

In addition to employment search tools, job seekers will have access to job alerts, cover letters, anonymous resume postings and more.

Employers will get the industry's job posting and resume searching tools through the site, including access to active and passive job candidates. All job postings will be part of the OneClick? Cross-Posting Network, the Web's leading job posting network.

"As some of the larger mortgage companies downsize and are laying off employees, there is no more opportune time for smaller- to mid-sized mortgage companies to seize some of the top talent available and capture a larger piece of a smaller pie," said Joel M. Berman, president of The Mortgage Press Ltd.

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